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Warburg considering $3 billion Navitas sale

Bloomberg Buyout firm Warburg Pincus is considering a $3 billion sale of natural gas producer Navitas Midstream Partners LLC, people with knowledge of the matter said. Navitas has hired investment bank Jefferies Financial Group Inc. to run an auction process, said the people, who asked not to be identified because they weren’t authorized to speak publicly. The company, which is ...

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Russia to offer Exxon new oil, gas projects

Bloomberg Russia has started discussions with Exxon Mobil Corp. over possible new oil and gas projects, potentially creating a dilemma as the US government mulls more sanctions against the country. The consultations could expand existing cooperation between the US giant and state-run Rosneft PJSC, Russian government officials said, asking not to be named as the information isn’t public yet. The ...

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WTO showdown looks harder to avoid as US, China, EU spar

Bloomberg The US, China and the European Union moved a few steps closer to a major clash at the World Trade Organisation (WTO) that risks testing the global trade referee’s neutrality and President Donald Trump’s patience for an institution he already hates. In a volley of filings, the EU, China and the US this week escalated disputes over new US ...

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